PALMOILMAGAZINE, JAKARTA – The price of crude palm oil (CPO) at PT Kharisma Pemasaran Bersama Nusantara (KPBN) Inacom was set at IDR 15,075/kg on Wednesday, March 12, 2025, marking an increase of 0.63% or approximately IDR 95/kg compared to Tuesday’s price of IDR 14,980/kg (March 11, 2025).
According to information Palmoilmagazine.com received from KPBN Inacom, the CPO price at Franco Belawan & Dumai was set at Rp 15,075/kg. Meanwhile, Pelaihari Loco CPO was initially offered at IDR 14,521/kg, but the transaction was withdrawn (WD), with the highest offer recorded at IDR 13,700/kg.
Meanwhile, Reuters reported that Malaysian palm oil futures rose on Wednesday (March 12, 2025), ending a two-session losing streak. The increase was supported by stronger Dalian palm oil prices.
Also Read: CPO Prices Drop Again at KPBN Inacom on Tuesday (March 11), Malaysian Market Remains Weak
The benchmark FCPOc3 contract for May 2025 delivery on the Malaysia Derivatives Exchange gained RM 22 per ton (approximately 0.49%) to RM 4,510 (US$1,018.06) per metric ton by midday. This follows a 2.96% decline over the previous two sessions.
In other related markets, the most active Dalian soyoil contract (DBYcv1) dropped 0.81%, while Dalian palm oil (DCPcv1) rose 0.83%. Meanwhile, soyoil on the Chicago Board of Trade (BOcv1) increased by 0.24%.
KPBN Tender Results (IDR/Kg, Excl. VAT) for Wednesday (March 12, 2025):
CPO:
- Franco Belawan & Dumai: IDR 15,075 (MM, IBP)
- Loco Pelaihari: IDR 14,521 (Withdrawn), Highest bid: IDR 13,700 (WNI)
CPKO: Loco Palembang: IDR 27,165 (Withdrawn), Highest bid: IDR 22,850 (SAP)
(P2)
